C-309Government of Canada
An Act to amend the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act (public institutions)
Amends the Bankruptcy and Insolvency Act and the Companies' Creditors Arrangement Act to ensure that public institutions (universities, hospitals, school boards) cannot use federal insolvency law to walk away from obligations. Commons version of S-215.
Status
✓
Introduced✓
1st Reading3
2nd Reading4
Committee5
Report6
3rd Reading7
Royal AssentQuick learn
Commons companion to S-215. Prevents public institutions (universities, hospitals, school boards) from using federal insolvency law to shed obligations.
Issues this bill touches
- Education
Prevents public institutions from using BIA/CCAA to shed obligations.
Legislative history
- First reading
First reading in the House of Commons.
View source
Official source
Read full text on Parliament of Canada